Caribbean Utilities Company, Ltd. (CUC) is engaged in the generation, transmission and distribution of electricity in its license area of Grand Cayman, Cayman Islands. The Company provides this service pursuant to a 20-year transmission and distribution license, and a 21.5-year generation license granted by the Cayman Islands Government, which expires in April 2028 and September 2029, respectively. It has an installed generating capacity of approximately 150 megawatts, eight transformer substations, approximately 438 miles of land-based high-voltage transmission and distribution lines and 15 miles of high-voltage submarine cable. The Company’s power system consists of 19 generating units (18 diesel and two gas turbines). It relies upon diesel generation to produce electricity for Grand Cayman. CUC’s wholly owned subsidiary, DataLink, Ltd. has a license to provide fiber optic infrastructure and other information and communication technology services.
|Headquarters||457 North Sound Road,|
P.O. Box 38
GRAND CAYMAN, Cayman Islands 1-1101
|Non-Executive Independent Chairman of the Board||David Ritch|
|President, Chief Executive Officer, Director||J. Hew|
|Non-Executive Independent Vice Chairman of the Board||Francis Crothers|
|Chief Financial Officer, Vice President - Finance, Secretary||Letitia Lawrence|
|Vice President - Transmission & Distribution||Andrew Small|
|Shares Out.||29.3M||Book Value||$6.15|
|Annual Dividend Rate||$0.66||Price/Sales (TTM)||1.4|
|Ex-Div Date||2/26/15||P/Cash Flow (TTM)||7.4x|
|Pay Date||3/15/15||Operating Margin||10.93%|
*GAAP = prior to non-GAAP analyst adjusted earnings.